Shelby County, IN Home Values & Market Trends

The median home price in Shelby County, IN is $197,285.81. There were 1,218 home sales in Shelby County, IN over the past 12 months. The median residential Shelby County, IN home value for transactions over the previous year is $150,000. The number of current listings in Shelby County, IN is 17, and the percentage of properties for sale is 17.00%. The county has 47 foreclosures, 3 bank owned properties, 4 headed for auction, and 17 properties for sale.

Shelby County, IN Real Estate Market Overview

CityMedian Est. ValueCityMedian Est. Value
Shelbyville

$ 191,036

$ 105/sqft

Boggstown

$ 251,008

$ 136/sqft

Morristown

$ 147,800

$ 107/sqft

Flat Rock

$ --

$ --

Fairland

$ 384,602

$ 142/sqft

Gwynneville

$ --

$ --

Fountaintown

$ 330,050

$ 116/sqft

Waldron

$ --

$ --

Housing Market Summary for Shelby County, IN

Mar 2023February 2024Change
Median Listing Price$175K$181.8K3.88%
Median Sold Price$192.2K$181.8K-5.42%
Homes For Sale1414-
Homes Sold27245968.75%
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Shelby County, IN

Shelby County, IN home values range from $19,412 to $6,644,452. Fountaintown is the priciest city with a median listing home price of $415,000, and Shelbyville is most affordable with average house prices of around $232,400.

Foreclosure
There are 8 cities within Shelby County, IN; within these cities, the median estimated home value for homes in foreclosure ranges from $193,115 in Shelbyville to the lowest value of $68,108 in Shelbyville. Foreclosure homes account for 0.00% of properties in Shelby County, IN with Shelbyville containing 33 foreclosures, the highest number of foreclosure properties in a single city.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.27% of all residential properties in Shelby County, IN with Shelbyville containing 27 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 8 cities within Shelby County, IN; of those cities, the estimated home value for pre-foreclosure homes ranges from $438,307 in Waldron to the lowest home value of $68,108 in Shelbyville.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Shelby County, IN ranges from the highest value of $160,000 in Fountaintown to the lowest value of $109,664 in Shelbyville. Bank owned homes and properties account for 0.02% of properties in Shelby County, IN. There are 8 cities within Shelby County, IN; Shelbyville containing 2 REO properties, has the highest number of bank owned properties in a single city.
  • Auctions
    Shelbyville has 4 auction properties, the highest number of properties going to auction in a single city in the state of Shelby County, IN. Auction homes and other auction properties account for 0.03% of all properties in Shelby County, IN. There are 8 cities within Shelby County, IN; of those cities, the median estimated home value for homes going to auction ranges from $720,785 in Shelbyville to the lowest value of $164,983 in Shelbyville.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.11% of residential properties in Shelby County, IN with Shelbyville containing 12 homes for sale, the highest number of listed properties in a single city. There are 8 cities within Shelby County, IN; homes for sale in those cities, have a range of median values from $384,602 in Fairland to the lowest value of $68,103 in Shelbyville.
    Sold Homes
    The median value for recently sold homes ranges from $707,860 in Morristown to the lowest price of $19,166 in Morristown. There are 8 cities within Shelby County, IN. Shelbyville has 294 recently sold homes, the highest number of recently sold properties in a single city. Recently sold homes and properties account for 2.81% of properties in Shelby County, IN.

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      Guide for Shelby County, IN

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      Birmingham, Alabama – Real Estate Market Snapshot March 2024
      Market Reports|posted 20 March 2024

      Birmingham, Alabama’s real estate market is showing a positive growth trend, with increasing average property values from March 2023 to February 2024.

      Memphis TN Market Report: Property Values Grow 10% from March 2023 to February 2024
      Market Reports|posted 8 March 2024

      The Memphis real estate market has shown significant growth from March 2023 to February 2024, with property values increasing by about 10% and sale prices also rising. Despite minor fluctuations in property sales and square foot values, the market displays considerable resilience, making Memphis an attractive option for real estate investment.

      Indianapolis Property Values on the Rise: A One-Year Lookback Of Market Growth
      Market Reports|posted 28 February 2024

      The real estate market in Indianapolis, Indiana has shown growth in property values from March 2023 to January 2024, despite a minor dip in properties sold.

      Fort Wayne Real Estate Property Values Increase in 2023
      Market Reports|posted 14 February 2024

      The Fort Wayne, Indiana real estate market showed impressive growth trends in 2023, with property values and prices per square foot showing an upward trajectory, suggesting potential for continued growth.

      Recently Listed Homes Shelby County, IN

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